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North Dakota | I heeded my own advice after last year. Never trust the market will do what I think it should do. Should have sold more but sold a little over half my spring wheat at $7.21, canola at over $.24 and 75% of soybeans at over $12.00. In retrospect Soybeans seem to have the most potential for an upturn and hopefully canola along with it. So no home run for sure but don’t aim for that anyway. Cover the bills. Have enough $$$ to prebuy inputs when or if the opportunity presents itself. Try not to let lack of cash flow determine decisions. When things all shake out you may have made the best decision. Hindsight is 20/20 and I have been in the same position more times than not and sometimes turns out for the better. Just don’t beat yourself up. It is very hard when you have a historically short crop to market emotionlessly. | |
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Did anyone else
